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NY A10422
Bill
Status
Engrossed
6/3/2022
Primary Sponsor
Peter Abbate
Click for details
AI Summary
- Amends Retirement and Social Security Law section 556 to increase accidental disability pension benefits for Nassau County deputy sheriffs from two-thirds to three-quarters of final average salary
- Applies only to deputy sheriffs employed by Nassau County who are covered under Article 14-B of the Retirement and Social Security Law
- Nassau County bears all past service costs associated with the change, estimated at approximately $58,800 as a one-time payment due February 1, 2023
- Increases Nassau County's annual pension contributions by approximately $10,000 for fiscal year ending March 31, 2023, with future costs varying based on billing rates and deputy salaries
- Takes effect immediately upon enactment
Legislative Description
Relates to establishing an accidental disability retirement pension for deputy sheriffs employed by Nassau county; provides that a deputy sheriff employed by Nassau county shall receive a pension of three-quarters of his or her final average salary.
Last Action
REFERRED TO RULES
6/3/2022
Committee Referrals
Rules6/3/2022
Rules6/2/2022
Ways and Means5/25/2022
Governmental Employees5/17/2022
Full Bill Text
No bill text available